$1,050,000
SOLD JUN 19, 2020
4 Beds
5 Baths
4,636 Sq Ft
0.62 Acres

Recently Sold

$226 Per Sq Ft

16% Below List Price

222 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Views of a Sound
  • Deck
  • Roland-Grise Middle School Rated A-
  • Home fronts a sound
  • Vaulted Ceiling

About This Home

As of January 2024

Beautiful contemporary home located in the sought-after community of Shinn Point. The home offers an open floor plan that features large rooms, vaulted ceilings, elevator, over-sized garage, and broken views of the ICWW. All of the main living areas are located on the 2nd floor. The 4th bedroom and a full bath are located on the 1st floor and would be ideal for a mother in-law suite, office, or game room. Other features include cedar-lined closet in the laundry area, tons of storage, and an abundance of windows. The established landscaping provides privacy and features many species of vegetation including live oaks, fig trees, and palms. Located just across the street you will find the community boat ramp and 2 slips (One that has a lift) that convey with the property. From here you are just a quick boat ride to the waterfront at Wrightsville Beach, Masonboro Inlet, and Masonboro Island. Tennis courts are also part of the community amenities.

Last Agent to Sell the Property

Carla Lewis

Intracoastal Realty Corp License #261273 Listed on: 09/17/2019

Intracoastal Realty Corp

Last Buyer's Agent

The Domenico Grillo Real Estate Team

Keller Williams Innovate-Wilmington

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,377

Year Built

  • Built in 1995

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 107x166x143x245x50x113x63
  • Home fronts a sound
  • Property is zoned R-20

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Intracoastal Views

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Stucco

Interior Spaces

  • 4,636 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Vaulted Ceiling
  • 1 Fireplace
  • Blinds
  • Mud Room
  • Family Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 3 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number R06220-001-001-000

Community Details

Overview

  • Shinn Point Subdivision
  • Maintained Community

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,377

Year Built

Built in 1995

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1995
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination, Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Walk-In Closet, Elevator, Mud Room, Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 258.82
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Number Rooms: 12
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Breakfast Nook Level: Second
  • Dining Room Level: Second
  • Family Room Level: Second
  • Kitchen Level: Second
  • Laundry Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Other Level: First
  • Sq Ft Heated: 4636.00
  • Total Heated Primary Separate Sq Ft: 4636.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: See Remarks, Stucco
  • Fencing: None
  • Foundation: Pilings, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Patio
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Stove/Oven - Electric, Microwave - Built-In, Disposal, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Tennis Court(s), Ramp
  • HOAAssociationFee1Year: 400.00

Lot Info

  • Deed Page: 218.00
  • Lot Acres: 0.62
  • Lot Dimensions: 107x166x143x245x50x113x63
  • Lot Number: 1
  • Lot Sq Ft: 27007.00
  • Lot Water Features: Deeded Water Rights, Water Access Comm
  • Zoning: R-20
  • Lot View Type: ICW View, Sound View

Tax Info

  • Tax Identifier: R06220-001-001-000
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 9377.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Jan 2, 2024
Sold by
Tmc Residential Llc
Bought by
Pelon William D and Pelon Lee H
Seller's Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
Buyer's Agent
Nina Pelon
Land and Shore Property Management LLC
List Price
$3,499,900
Sold Price
$2,400,000
Premium/Discount to List
-$1,099,900
-31.43%
Views
313
Current Estimated Value
$2,265,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$134,963
Avg. Annual Appreciation
-3.55%

Purchase Details

Closed on
Apr 28, 2022
Sold by
Cruz Thomas
Bought by
Tmc Residential Llc

Purchase Details

Listed on
Sep 17, 2019
Closed on
Jun 4, 2020
Sold by
Stephens John Scott
Bought by
Cruz Thomas
Seller's Agent
Carla Lewis
Intracoastal Realty Corp
Buyer's Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.13%
Original Mortgage
$329,600
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 21, 2002
Sold by
Ernst Robert Josephine S
Bought by
Stephens John S Gayle C

Purchase Details

Closed on
Sep 20, 1994
Sold by
Shinn Point Development Co
Bought by
Ernst Robert Josephine

Purchase Details

Closed on
Nov 1, 1976
Bought by
Shinn Point Development Co
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,400,000 None Listed On Document
Warranty Deed -- --
Warranty Deed $1,050,000 None Available
Deed $900,000 --
Deed $175,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Credit Line Revolving
Previous Owner $329,600 Credit Line Revolving
Previous Owner $510,400 New Conventional
Previous Owner $370,062 New Conventional
Previous Owner $499,950 Credit Line Revolving
Previous Owner $417,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $2,400,000 -7.7% $518 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $2,599,900 -16.1% $561 / Sq Ft
09/06/2023 09/06/23 Price Changed $3,098,000 -11.5% $668 / Sq Ft
08/18/2023 08/18/23 For Sale $3,499,900 +233.3% $755 / Sq Ft
06/19/2020 06/19/20 Sold $1,050,000 -16.0% $226 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
09/17/2019 09/17/19 For Sale $1,250,000 -- $270 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $940,000 $235,200 $704,800
2023 $7,943 $940,000 $235,200 $704,800
2022 $7,990 $940,000 $235,200 $704,800
2021 $7,974 $931,800 $235,200 $696,600
2020 $9,377 $890,200 $204,000 $686,200
2019 $9,377 $890,200 $204,000 $686,200
2018 $9,377 $890,200 $204,000 $686,200
2017 $9,377 $890,200 $204,000 $686,200
2016 $10,585 $955,300 $340,000 $615,300
2015 $10,117 $955,300 $340,000 $615,300
2014 $9,687 $955,300 $340,000 $615,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100184633

Hive MLS

APN: R06220-001-001-000